Saturday, October 16, 2010

Bank of America Corporation BAC Technical Analysis

The following is Bank of America Corp. (NYSE:BAC) Technical analysis for October 18, 2010

Bank of America Corporation  BAC stock technical analysis for October 18, 2010

Resistance levels: $13.62, $13.07, $12.52

Support levels:$11.58, $11.19, $10.64



Bank of America Corp (BAC) is broke another key support level of $12. Bank of America Corp will find support located between $11.50-$11.75. I think Bank of America is good buying opportunity. Bank of America will buy if stock closes above yesterday's high.Long term resistance level is $14.50-$15..

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Good Luck .. Trade Smart!

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